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The Importance of Homeownership to the American Dream

By chriscollins | January 23, 2019

For centuries, people in this country have seen homeownership as part of the American Dream. Whether they were born here or immigrated from another country, they wanted to own a piece of America. With so many prominent societal changes over the last few decades, it is fair to ask if people in America still feel…

Do You Prefer the Charm of an Existing Home?

By chriscollins | January 22, 2019

When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams? According to a recent survey by Zillow, of the 38% of total buyers that added…

The Difference Having a Professional on Your Side Makes

By chriscollins | January 21, 2019

In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion. Shows like Property Brothers, Fixer Upper and the dozens…

What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

By chriscollins | January 18, 2019

Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. CoreLogic predicts home prices to appreciate by…

Last Chance! Homes are a Bargain Compared to Historic Norms

By chriscollins | January 17, 2019

A loaf of bread used to be a nickel. A movie ticket was a dime.  Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase. The reason we can still afford to…

Selling Your Home? Make Sure the Price is Right!

By chriscollins | January 16, 2019

If you’ve ever watched “The Price is Right,” you know that the only way to win is to be the one to correctly guess the price of the item you want without going over! That means your guess must be just slightly under the retail price. In today’s shifting real estate market, where more inventory…

Buying a Home Young is the Key to Building Wealth

By chriscollins | January 15, 2019

Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than today’s young adults.…